Business news from Ukraine

Business news from Ukraine

LEADING PRODUCER OF EGGS FROM UKRAINE REDUCES SALES IN 2020

26 January , 2021  

Ovostar Union, one of the leading producers of eggs and egg products in Ukraine, in 2020 reduced sales of eggs by 4% compared to 2019, to 1.104 billion pieces.
According to the group’s report on the Warsaw Stock Exchange, the volume of exports fell more significantly, by 33.5%, to 349 million units, as a result of which the share of exports fell from 46% to 32%.
The average price of eggs in hryvnias increased by 2%, to UAH 1.634 per egg, while in dollar terms decreased by 2%, to $ 0.061.
The company reported that egg production last year increased by 5%, to 1.672 billion pieces, while egg processing decreased by 4%, to 552 million pieces.
Production of liquid egg products decreased by 3%, to 13,504 tonnes, while dry egg products increased by 6%, to 3,161 tonnes.
The volume of sales of dry egg products increased by 17%, to 3,270 tonnes, in particular exports rose by 9.9%, to 2,268 tonnes, but its share decreased from 74% to 69%.
The volume of sales of liquid egg products decreased by 3%, to 13,281 tonnes, in particular exports by 28.7%, to 4,647 tonnes, and its share from 47% to 35%.
The average price of dry egg products increased by 3% in hryvnia terms, to UAH 110.84/kg and fell by 1% in dollar terms, to $ 4.11 per kg.
The average price of liquid egg products decreased by 11% in hryvnia terms, to UAH 32.93 per kg, in dollar terms by 15%, to $ 1.22 per kg.

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